DrumBeat: August 9, 2006

[Update by Leanan on 08/09/06 at 10:02 AM EDT]

When Oilmen Turn Sour on Crude

Bringing down Energy City, from within: Former oilman Jeffrey Brown and activist Nan Hildreth have been spreading the Peak Oil message. They're part of a Peak Oil mini-conference this Sunday in Houston.

Rebels blow up third Pakistani pipeline in a week


Tracing the trail of the NYRI high voltage power line


BP readies oil tanker spree after Alaska outage


Poll: High gas prices lower driving time


Worries rise over pipeline reliability


We're saved! Russian Researchers Say Rains Boost Oil Reserves

A group of Russian scientists at the oil and gas research institute of the Russian Academy of Sciences, led by Azary Barenbaum, have come up with a new explanation of the nature of oil and gas formation. They argue that huge reserves of hydrocarbons may take only decades to be formed, not millions of years, as earlier believed.


[Update by Leanan on 08/09/06 at 12:06 PM EDT]

According to the EIA's Weekly Petroleum Inventory Report, crude oil, gasoline and distillates all fell more than expected.


We're saved, part 2: Wal-Mart wants to sell ethanol